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AbbVie's schizophrenia drug from Cerevel fails two Phase 2 trials

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The centerpiece of AbbVie’s $8.7 billion Cerevel acquisition just imploded. Emraclidine, a schizophrenia program expected to compete with the newly-approved Cobenfy from Bristol Myers Squibb and Karuna, failed in two separate Phase 2 studies, AbbVie ...

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